One reason you should purchase life insurance is while your young would be because when you are just starting off in college, you will have college loans that you will need to pay back. College is very expensive so having insurance will help you when you’re just starting off in the real world. Another reason you should purchase life insurance is for funeral costs. Insurance will help pay for the funeral costs. Funerals can also be very expensive, so this can also help out. The last reason you should purchase life insurance would be because you can get benefits from it. Some insurances are not only a life insurance, but a savings plan for when you retire, or when you really need it. This can also be very helpful in helping pay for things when you really need that extra help to pay for things.
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